SERGIU CONSTRUCT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SERGIU CONSTRUCT
Largest movements
- Receivables within one year -€611,305
no longer reported in 2025 (was €611,305)
of which Trade receivables: -€519,496
- Cash -€75,969
no longer reported in 2025 (was €75,969)
mainly Other debts (-€590,333) and Contributions, distributions and other (-€435,000)
- Deferred charges and accrued income +€53,650
new in 2025: €53,650
- Other debts -€590,333
down €590,333 (-98.4%), from €600,000 to €9,667
- Tax, wage and social debts -€29,436
no longer reported in 2025 (was €29,436)
- Profit (loss) carried forward -€17,856
down €17,856 (-29.6%), from €60,408 to €42,553
- Gross operating margin +€128,078
up €128,078 (+45.6%), from €281,066 to €409,144
- Financial income +€8,000
new in 2025: €8,000
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €691,274 | €53,650 | -€637,624 | -92.2% |
| Fixed assets | 21/28 | €4,000 | - | -€4,000 | |
| Tangible fixed assets | 22/27 | €4,000 | - | -€4,000 | |
| Furniture and vehicles | 24 | €4,000 | - | -€4,000 | |
| Current assets | 29/58 | €687,274 | €53,650 | -€633,624 | -92.2% |
| Amounts receivable within one year | 40/41 | €611,305 | - | -€611,305 | |
| Trade receivables | 40 | €519,496 | - | -€519,496 | |
| Other amounts receivable | 41 | €91,809 | - | -€91,809 | |
| Cash at bank and in hand | 54/58 | €75,969 | - | -€75,969 | |
| Deferred charges and accrued income | 490/1 | - | €53,650 | +€53,650 | |
| Total equity and liabilities | 10/49 | €691,274 | €53,650 | -€637,624 | -92.2% |
| Equity | 10/15 | €61,838 | €43,983 | -€17,856 | -28.9% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Reserves | 13 | €130 | €130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €130 | €130 | = | 0.0% |
| Reserves not available under the articles | 1311 | €130 | €130 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,408 | €42,553 | -€17,856 | -29.6% |
| Amounts payable | 17/49 | €629,436 | €9,667 | -€619,768 | -98.5% |
| Amounts payable within one year | 42/48 | €629,436 | €9,667 | -€619,768 | -98.5% |
| Taxes, remuneration and social security | 45 | €29,436 | - | -€29,436 | |
| Remuneration and social security | 454/9 | €29,436 | - | -€29,436 | |
| Other amounts payable | 47/48 | €600,000 | €9,667 | -€590,333 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | - | -€2,000 | |
| Gross operating margin | 9900 | €281,066 | €409,144 | +€128,078 | +45.6% |
| Operating profit (loss) | 9901 | €279,066 | €409,144 | +€130,078 | +46.6% |
| Financial income | 75/76B | - | €8,000 | +€8,000 | |
| Recurring financial income | 75 | - | €8,000 | +€8,000 | |
| Profit (loss) for the period before taxes | 9903 | €279,066 | €417,144 | +€138,078 | +49.5% |
| Profit (loss) for the period | 9904 | €279,066 | €417,144 | +€138,078 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €279,066 | €417,144 | +€138,078 | +49.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.